Evening All, I'm really keen to settle my IVA and make a full and final proposal to PayPlan. Having calculated what I think will be a fair settlement, I'm unable to raise the full amount by using friends and family. I have been speaking to the mortgage advisors that are recommend by others in this f...

Hi,

Does anyone have experience of making an offer and the process of a full and final with PayPlan.

I'd like to know what they are likely to ask from me in terms of any documentation etc to process and hopefully complete an accepted F&F (thinking positive)

Thanks

Evening All, I'm just trying to work out numbers to put forward a F&F offer to PayPlan to propose to my creditors. Since I started my IVA, my payments have been lowered twice due to changes in my personal circumstances, which have always been approved in PayPlan. I've worked out that included the ad...

Hi All My employer has just introduced a new bonus scheme, which is connected to the companies turnover and if the company achieves its target pays a % to each employee of their annual salary. Given the bonus is an annual amount, but will be paid in a months salary how should it be handled? Given it...

Hi All, I've got an IVA with PayPlan and have been making payments as per my IVA commitments. In December my partner got made redundant, and therefore we no longer have some income coming into the house. Looking at my budget that's been agreed with PayPlan, if I remove my partners income from the bu...

Hi All, I've just had a letter of my current lender (mortgage) advising that my fixed rate will end on the 30th June and I'll switch to their variable tariff. Having called my lender (Kensington) they advised that they are unable to offer new fixed rates product, and I'd need to seek the help of a b...

Hi Everyone, I'm currently in an IVA and the fix term on my mortgage is due shortly. What are the chances of me being able to get a new fix term mortgage with an alternative lender? I appreciate my new lender may give me a new fixed team deal close to my renewal but I just wanted to explore my optio...

I am just about to start an IVA but have a car on PCP with Mercedes Benz finance - ideally I don’t want to keep the car as it’s not financially viable.
I am no where near the 50% mark for voluntary termination
Does anyone know if because I’m on an IVA will they take the car back?